State Comptroller Alan Hevesi proposed a series of budget reforms on the MTA yesterday, including forcing the agency to tell the public of any money it plans to put in a reserve fund.

The reforms come four months after Hevesi issued a scathing budget review accusing the Metropolitan Transportation Authority of keeping “two sets of books” and hiding more than $500 million in surplus funds in order to justify this year’s fare and toll hikes.

The proposed regulations, which must go through a 45-day public comment period, would go into effect Jan. 1, 2004.